The broadcaster said the programme had been a "hugely successful brand", but would not be shown at the same time as the Winter Olympics in South Korea.
The show sees celebrities take on challenges like speed skating and ski-jumping and has run for four seasons.
But 34 contestants, including actress Tina Hobley and Strictly Come Dancing star Ola Jordan, have been injured.
Jordan suffered a leg injury while former Coronation Street star actress Hobley broke her arm in two places.
There have also been injuries to:
Former gymnast Beth Tweddle - broke two vertebrae in neck and had to have part of her hip removed